Cheap Apartments for Rent in Leonardo, NJ from $600 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Leonardo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 738 Port Monmouth Rd

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

2 Bedroom, 1.5 Bath Home for Rent

Available May 31

738 Port Monmouth Rd

Port MonmouthNJ07758
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Brookwood Estates
1 to 2 Bedroom Apartments

Brookwood Estates

153 Grand AveAtlantic Highlands, NJ 07716
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Navesink Woods
1 to 3 Bedroom Apartments

Navesink Woods

1027 Highway 36Atlantic Highlands, NJ 07716
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 96 East Ave

$2,500 - $2,550

1 Bedroom Rentals

Available Now

96 East Ave

Atlantic HighlandsNJ07716

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-45, Page 1 of 1

Leonardo, NJ Local Guide

Cheapest Available Leonardo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leonardo, NJ is a 2 Beds unit found at Bayshore Village (62+) in the Aberdeen Hazlet Middletown neighborhood priced from $1,291. McGuire's Grove in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here is today’s list of the most affordable Leonardo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1,291
McGuire's Grove1 Bedroom (Low)1BR,1BA$1,525
Oceanport Gardens1 BD / 1 BA1BR,1BA$1,539
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$1,699
240 LB Elmwood0BR/1.0BAStudio,1BA$1,700
Buena Vista1 BR1BR,1BA$1,750
HOLMDEL POINTEOne Bedroom1BR,1BA$1,795
Cove on the Bay1 bedroom1BR,1BA$1,818
Shrewsbury Arms Apartments1 Bedroom1BR,1BA$1,945
Keyport Harbor Apartment Homes1 Bedroom Renovated1BR,1BA$1,995

Best Value Apartments for Rent in Leonardo, NJ and Nearby

As of April 29, 2026 the best value apartment in the Leonardo area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Leonardo apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Cove on the BayPenthouse Duplex2BR,2BA$2.56
The Apartments at Aberdeen StationB32BR,2BA$2.50
McGuire's Grove1 Bedroom (Low)1BR,1BA$1.45
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1.34
Country Club Apartments2 Bedroom Deluxe2BR,1BA$2.74
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.60
HOLMDEL POINTEOne Bedroom1BR,1BA$2.24
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$2.46
Oceanport Gardens1 BD / 1 BA1BR,1BA$2.57

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Leonardo, NJ Rentals by Map

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See the most popular apartments and homes in Leonardo, NJ

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Frequently Asked Questions about Cheap Leonardo Apartments

What is the Cheapest Studio apartment in Leonardo?

Currently the most affordable Cheap Studio Apartment in Leonardo is at 240 LB Elmwood listed at $1,700.

How much is rent for a Cheap One Bedroom Leonardo Apartment?

The lowest price for a Cheap One Bedroom Leonardo Apartment is $1,525 at McGuire's Grove.

What is the lowest price for a Cheap Two Bedroom Leonardo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Leonardo is starting from $1,291 at Bayshore Village (62+).

What is the most affordable Leonardo Three Bedroom Apartment?

The best deal on a cheap Leonardo Three Bedroom Apartment rental is at Atlantic Pointe Apartments and starts from $3,339.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.